Decoupling: A crisis of interdependence or the end of globalisation?

DECOUPLING A crisis of interdependence or the end of globalisation 1920 × 1080

Event Description

The Asia Scotland Institute host a webinar with an expert panel on ‘Decoupling: A crisis of interdependence or the end of globalisation?’

The term “decoupling” has been used by many analysts to describe the lessening of political, investment, trade, innovation, and digital links between China and the West.

In the USA, the recent origins of decoupling can be traced to 2018, when President Trump imposed tariffs on solar panels and washing machines imported from China. Later that year China imposed duties of 178% on Sorghum imports from the USA. The US-China trade war escalated.

The growing restrictions on trade in certain goods has been continually worsened since then, by the Covid-19 pandemic from 2019, the war in Ukraine after the Russian invasion, and the heightened tensions around Taiwan.

What was at first a China-US issue is now becoming a global question of whether decoupling is a lessening of interdependence between trading nations or the end of globalisation. To discuss this question we have a panel of multidisciplinary experts.

Insitute Director, Martin Purbrick, has an article published in The Scotsman that explores ‘Worsening US-China relationship could have global impact‘.

Topics Covered

  • How China’s current direction in relation to the ‘Dynamic Zero Covid’ policy and other economic policies are affecting economic investment in China
  • How such policies may affect trade with China in the future, and whether you see this situation as a driver of Decoupling of China from other economies
  • How is Decoupling changing the global technology landscape?
  • Are there pressures on the continued harmonisation of global technology standards
  • Will we see two separate technology blocs led by the USA and China?
  • If we are facing economic decoupling in many economic areas, how will this impact on supply chains for the huge range of goods that are manufactured in China and are part of the now very complex manufacturing supply chains for global companies?

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